liquidity risk is highly correlated

with credit risk and interest rate movement in general.

smaller companies tend to have longer earnings duration and their valuation is more sentive to cost of capital.

just my 2c.

所有跟帖： 

• each position is only a few hundred shares, so no worry too much -trendspike- ♂ (0 bytes) () 11/08/2013 postreply 11:17:01

• the way the candidates are screened might incur -njrookie- ♂ (32 bytes) () 11/08/2013 postreply 11:24:58